Answer: $4950
Explanation:
From the question, we are informed that a company issues 9% bonds with a par value of $110,000 at par on January 1 and that the market rate on the date of issuance was 8% and also that the bonds pay interest semiannually on January 1 and July 1.
There is no discount on the bonds payable because they are issues at par. Therefore, the cash paid on July 1 to the bond holders will be:
= $110,000 x 9% x 6/12
= $110,000 x 9/100 x 6/12
= $110,000 x 0.09 x 0.5
= $4,950
Marx would maintain that Sally has experienced <u>false class consciousness</u>.
<u>Explanation</u>:
False class consciousness is the term used to describe the behavior of the employees who identify themselves as investors by mistake when they own few shares of stock or work as managers in large corporations. This term false class consciousness was used by famous sociologist Karl Marx.
In the above scenario, Sally was working for Ellis Corporation as a computer programmer. But she thinks herself as a stockholder as she holds few shares of Ellis stock and had $15,000 in her savings account.
Answer:
Indifferent selling price =$67 per units
Explanation:
The selling at which Mel rose would be economically be indifferent between accepting and rejecting the special order from Moore is that that equates the relevant cost of making to the revenue from t
Relevant variable cost making
= 22.80 + 18.60 + 14.20 + (75%×12.80) = $65.2
$
Variable cost of special order (= $65.2
× 3,500)= 228,200
Cost of machine <u>6,300</u>
Total relevant cost of special order <u>234,500
</u>
<u>
</u>
The price at which Melrose would be indifferent
= total relevant cost/ number of units
$234,500/3500 units
=$67 per units
Answer: True
Explanation:
Current assets are the assets that a company had and which are expected to be either used or sold over the next year. Examples of current assets are cash, cash equivalents, stock inventory, accounts receivable, marketable securities, and other liquid assets.
It should be noted that when the sales of a from continue to grow, the current assets of such company also increases. An example is when there is an increase in the sales increase, this.will also have an impact on the firm's inventories as there will be an increase.
Answer: Organizing
Explanation:
There are 4 management functions. These functions are:
Planning: In the planning function, employees make business plan, they make reports and forecasts budgets and sales data. Anything within the domain of planning
Leading: Group of employees or Department is lead by Directors or managers or senior managers. These managers get work done through others and lead their team for the overall success of the organization.
Controlling: This includes staffing and training. Employees are subjected to training and development for efficient and effective results. Hiring the right employee for the right position.
Organizing: This is the hierarchy within the organization. Chain of Command that needs to be followed. Over here, Shondra sits in the top of the chain where only top managers report to her. Top managers are in the middle of the chain. Whereas, others below top managers would report to the Human Resources Department.